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AddBertone sold to Gruppo Prototipo

Only days before heading to bankruptcy court, Italian engineering firm and carrozzeria Bertone revealed that it was about to pull a last-minute trick out of its sleeve in an announcement later that day. But when the announcement didn't come, the industry was left wondering if, after 95 years in business, Bertone was about to slip away.

13SAIC and Nanjing merge to form mega Chinese auto group

Industry analysts widely agree that one of the principal factors preventing Chinese automakers from succeeding outside of China is the local industry's fragmentation, with over 100 automakers vying for their slice of the proverbial pie. However, a merger announced Wednesday between two major Chinese automakers, Shanghai Automotive Industrial Corp (SAIC) and Nanjing Automotive Group, stands a stronger chance of succeeding in the international car market as a larger group.

7Porsche doesn't plan to take over VW... yet

The latest in Porsche-Volkswagen relations is that the sports car maker has contingencies in place to raise its stake in the VW Group, but at this point is not planning an outright takeover.

13Rare info on Chrylser bidder Cerberus reveals a "fierce reputation"

Cerberus was the mythological 3-headed dog that guarded the gates of Hades. Cerberus Capital Management is the very real private equity firm -- one of the bidders in play for the Chrysler Group -- that guards the privacy of its dealings almost as jealously. USA Today takes a look at the firm and reveals a company with a "fierce reputation" and "a combative, take-no-prisoners style."

8Bugatti chief resigns

Thomas Bscher wanted to see the Bugatti range expand. He had taken charge of the über-premium brand during the tenure of Dr. Bernd Pischetsrieder, the former head of the Volkswagen Group. But when Pischetsrieder was replaced by Audi chief Dr. Martin Winterkorn, plans changed.

2Together Again: designer Wolfgang Egger leaves Alfa Romeo to join Walter de Silva at Audi

Audi seems to have grown particularly fond of Alfa Romeo's styling, and as a result they have been poaching the Italian marque's designers. The first to make the move northwards was Walter de' Silva, and now, Wolfgang Egger is following suit.

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